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We've heard a rumor that CAA, the House That Ovitz Built But Then Ditched To Feed His Ego And Get Even More Ludicrously Wealthy, might be in talks to buy up the less elegantly initialled BWCS (Broder Webb Chervin Silbermann, there you made us type it out). Consolidation usually means layoffs, which in turn means out-of-work agents panhandling on the sidewalks of Beverly Hills. If a deal does eventually go down and you find your office building flanked by unemployed ten-percenters, do what we do—refuse eye contact and barely hide your contempt for the jobless.

Yes, yes, we know it's a little early in the morning for this kind of hott agency-on-agency action, but that's what we've heard. More details (or denials) as they become available.